ADX 4.21% 9.9¢ adx energy ltd

Good Oil, slura,The well spudded 11:40am on the 11th July.Latest...

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    Good Oil, slura,

    The well spudded 11:40am on the 11th July.

    Latest report has it at 927m on the 20th July, I'll assume 6am cause that's when drill reports often come out.

    Difference is 8.8 days.

    Drill power was out for 1.5 days (not "half a day").

    So total drill time to time of report is 7.3 days. Let's round down to a pessimistic 7 days.

    As per Pocko's image, 7 days puts us at somewhere between 700m to 800m MD.

    Hence, if anything I'd say that ADX are in fact *ahead* on their drilling schedule, and are NOT behind.

    QED.
 
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